China Cancels U.S. Soybean Purchases

July 9, 2018
Soybeans are on the list of American goods being targeted by recent tariffs that went into effect last week.

China has responded to the tariffs put into effect by President Donald Trump by cancelling purchases and lowering commitments to buy more than 366,000 metric tons of U.S. Soybeans for the season ending August 31. This data is according to the U.S. Department of Agriculture data released for the week ended June 28.

Soybeans have been a key issue in the increased tensions between China and the United States as China is the world’s biggest importer and America’s largest customer. No word yet on what specific impacts this will have on Farmers in the U.S.

Read more about it on 

Sponsored Recommendations

Troubleshoot: Grittiness in gluten free cookies

Learn how to adjust gluten free cookie recipes for a softer texture.

Clabber Girl: Rising Success

Uncover how Clabber Girl Corporation achieved a remarkable 7% growth and improved manufacturing efficiency by seamlessly integrating Vicinity's batch manufacturing solution with...

Intelligent Blends: Taking Technology to the Next Level

Find out how our friends at Intelligent Blends use VicinityFood and Microsoft Dynamics GP to produce the best coffee around.

Key ingredient: Mother Murphy's Laboratories

Flavorings manufacturer Mother Murphy’s Laboratories integrates front office with production facility — improving operations from initial order to final invoice.